The Federal Court has dismissed a key case from the Hayne Royal Commission after finding the arrangement between the Commonwealth Bank to distribute Colonial First State’s Essential Super product was not conflicted. The timing of the case comes as the Quality of Advice Review has proposed opening the door for super funds to give more advice.
An advice technology specialist has responded to the Quality of Advice Review (QAR) proposal paper. The QAR proposal paper, released last month, highlights how changes intended to help the sector,
Shadow assistant treasurer and financial services minister Stuart Robert MP has praised the role brokers play in the community and warned others to let the industry continue to prosper.
QAR proposal paper shows perfection has become the enemy of good smsfadviser.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from smsfadviser.com Daily Mail and Mail on Sunday newspapers.
The government wants to make good quality financial advice more accessible. But while everyone agrees the system is broken, there’s less agreement on how to fix it.